Fashion and the environment, an uncomfortable fit for McCartney

LONDON (Reuters) - The booming fashion industry is medieval in its approach to manufacturing and needs to modernize in order to radically cut the damage it is doing to the environment, British designer Stella McCartney has said.


Nissan to cut hundreds of jobs at UK plant as diesel demand slides: source

LONDON (Reuters) - Nissan will cut hundreds of jobs at its Sunderland plant, Britain's biggest automotive factory, as it tackles declining demand for diesel models across Europe, a source told Reuters on Friday.


TSMC shares slide as revenue estimate cut; other Apple, chip stocks also fall

TAIPEI (Reuters) - Shares of Taiwan Semiconductor Manufacturing Co Ltd tumbled and other Apple supplier and chip stocks fell after it cut its full-year revenue target on softer demand for smartphones.


Qualcomm cutting 1,500 jobs at its California offices

(Reuters) - Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $1 billion.

United States

Puerto Rico restores power to over 70 percent of customers after blackout

NEW YORK (Reuters) - Puerto Rico's power company said it had restored power to over 1.1 million homes and businesses by Thursday morning after a transmission line failure cut service to almost all of the island's 3.4 million residents the day before.


Trade spat to dull expected tax cut boost to U.S. economy: Reuters poll

BENGALURU (Reuters) - The ongoing trade spat between the world's two largest economies will restrain the roaring U.S. economy, dulling an expected boost to growth from massive tax cuts passed through Congress just a few months ago, a Reuters poll found.


Jaguar Land Rover to cut UK staff, output as diesel sales slump

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said it will cut 1,000 jobs and reduce production at two of its English factories as demand for diesel cars slumps in the face of higher taxes and a regulatory crackdown.


U.N. shipping agency reaches deal to cut CO2 emissions

LONDON (Reuters) - The United Nations shipping agency reached an agreement on Friday to cut carbon emissions, delegates said, following years of slow progress.


Jaguar Land Rover to cut production and jobs due to Brexit, diesel slump: ITV

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover will cut production and jobs due to Brexit and the fall in demand for diesel models, ITV's business editor tweeted on Friday.


Trump says he will order EPA to cut 'red tape' for manufacturers

WASHINGTON (Reuters) - U.S. President Donald Trump said he would sign a memorandum on Thursday ordering the Environmental Protection Agency to cut more regulations on manufacturers, but did not elaborate.

Top News

China commerce ministry says Beijing will fight back if U.S. escalates trade spat

BEIJING (Reuters) - China will not hesitate to fight back if the United States escalates its trade spat with Beijing, the commerce ministry said on Thursday, asserting that Chinese President Xi Jinping's pledge to cut import tariffs is not a concession to

Top News

U.S. companies found ways to avoid taxes before tax cut bill: report

WASHINGTON (Reuters) - Fifteen U.S. corporations including online retailer Inc , power company Duke Energy Corp and insurer Prudential Financial Inc avoided U.S. tax on nearly $25 billion in combined profits last year, a tax watchdog group sa


Oklahoma orders cut to disposal well volumes following quakes

HOUSTON (Reuters) - Oklahoma regulators forced an oil and gas producer to reduce operations on a well used for disposing saltwater following a large earthquake over the weekend that set off a series of seismic activity in the state, Matt Skinner, spokesma


Airlines cut back flights as Philippine holiday hotspot prepares for closure

MANILA (Reuters) - A decision by the Philippines to close the holiday hotspot of Boracay, which President Rodrigo Duterte has called a "cesspool", prompted airlines Thursday to cut back flights to the island, while business groups called for the decision

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